澳大利亚比特币初创公司Living Room of Satoshi也对这个法案表示了担忧。这家支付公司能够用比特币结算用户的日常账单。自2014年创立以来，该公司已经实现迅速发展，目前，他们用比特币处理的日常账单金额已经达到了500万美元。这个比特币初创公司呼吁低于1000美元的小额数字货币支付不受监管。
Australian authorities are making progress with revisions to the AML/CTF bill which will include bitcoin exchanges under the scope of Australian legislation for the first time.
The Australian Parliament published newly updated provisions today, part of a wider reform of the government’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. In it, the Senate Legal and Constitutional Affairs Legislation Committee has prioritized the regulation of digital currency exchange operators, among other objectives, under the purview of the Australian Transactions and Reporting Analysis Centre (AUSTRAC), the country’s financial intelligence agency and watchdog.
The highlights specific to digital currency exchanges are:
The bill will enable new powers conferred on AUSTRAC’s chief executive, enabling the official to “make rules to expand or narrow the scope of the digital currency definition.”
- A number of civil penalties will be introduced for unregistered operators of digital currency exchange services, all of which are subject to strict liability.
- A new designated service and register to regulate digital currency exchanges will be established within six months of the bill’s legislation.
The committee’s approach to regulation is aided by a review of the current law, complete with recommendations by the Attorney-General’s Department (AGD).
Citing some concerns toward the six-month timeframe for reforms is the Law Council, which called for guidance on possible exemptions for ‘low value’ transactions below $1,000 at bitcoin exchanges. The Law Council also called the notion imprisonment due to aggravated offences, aside from strict liability offences, between 2-4 years and even up to 7 years in extreme cases as “draconian”.
Pointedly, today’s report pointed to concerns from Australian bitcoin startup Living Room of Satoshi, a payments company that enables Australians to settle their bills with bitcoin. The startup has seen meteoric growth, processing $5 million in household bills with the cryptocurrency since its launch in April 2014.
The bitcoin startup called for an exemption from regulation for low-value payments made with digital currencies under $1,000.
Ultimately, the committee recommended the bill be passed.